Huangshan Novel Co.,Ltd.’s Net Profit Rose 19.6% in First Quarter of 2023

Huangshan Novel Co.,Ltd. (黄山永新股份有限公司) (002014.SZ) reported a net profit of 79.2 million yuan in the first quarter of 2023, up 19.6% year-on-year.

Meanwhile, the company posted 785.2 million yuan in revenue, up 8.5% year-on-year.

At the end of the reporting period, it had 3.5 billion yuan in total assets and 1.4 billion yuan in total liabilities, with a liability-to-asset ratio of 38.9%.